The Latest Breaking News from Recession

Thai exporters have been warned to brace for the impact of China's economic uncertainties in the second half of the year on top of the looming global recession, runaway inflation and energy crisis.

Australian shares have staged a solid recovery in the final trading hour, after the Reserve Bank lifted its cash rate target by 0.5 percentage points, in a widely-expected decision.

The tech industry has been rocked by recent economic woes. While once thought of as close to recession proof, companies from Netflix to Meta are suddenly experiencing serious financial setbacks. As the Washington Post reported last week: “Big tech is bracing for a possible recession, spooking other industries”. Meta (the…

Concerns over persistently high inflation, the Fed’s monetary policy tightening, the decline in GDP for two consecutive quarters, and the growing odds of a recession have kept the stock market under immense pressure over the past few months. So, fundamentally sound stocks ARC Document (ARC), Compañía Cervecerías (CCU), Hill International…

Rates expected to rise again, by 0.25% or 0.5%, increasing costs for millions of borrowers

Imagine, for just a moment, you’re an economic policymaker tasked with managing the path of an economy. Now envisage a set of economic conditions that makes your task near-enough impossible. That, unfortunately, is where many real-life policymakers find themselves today. There’s too little growth but there’s also too much inflation.…

Policies are tightening when major economies are either falling into recession or heading that way

Few voters may be thinking of Jerome Powell as they go to the polls in November, but all will be coping with economic conditions strongly influenced by Powell's Federal Reserve Board.

The US Commerce Department on Thursday announced that the country’s gross domestic product had fallen for the second consecutive quarter, although President Joe Biden said the economic data overall “doesn’t sound like a recession”. In most countries, two successive quarters of GDP decline qualify as a recession – but not…